College ROI

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Mathematics.

Doctoral Degree147 Institutions

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.

Annual Full Cost vs. Median Earnings

Each dot represents one program at an institution. Shows the spread of annual sticker price (or net price if sticker price is unavailable) vs earnings 4 years post-grad.

Field Median ($55,964)
P25-P75 Interval ($49,683 - $57,318)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Tuscaloosa
AL
-
Nat: $89,656
$22,420
/yr
-
-$0
Auburn
AL
-
Nat: $89,656
$24,323
/yr
-
-$0
Tempe
AZ
-
Nat: $89,656
$14,967
/yr
-
-$0
Tucson
AZ
-
Nat: $89,656
$16,674
/yr
-
-$0
Fayetteville
AR
-
Nat: $89,656
$18,209
/yr
-
-$0
Berkeley
CA
-
Nat: $89,656
$13,481
/yr
-
-$0
Davis
CA
-
Nat: $89,656
$14,741
/yr
-
-$0
Irvine
CA
-
Nat: $89,656
$14,251
/yr
-
-$0
Los Angeles
CA
-
Nat: $89,656
$12,548
/yr
-
-$0
Riverside
CA
-
Nat: $89,656
$14,304
/yr
-
-$0
La Jolla
CA
-
Nat: $89,656
$12,470
/yr
-
-$0
Santa Barbara
CA
-
Nat: $89,656
$16,109
/yr
-
-$0
Santa Cruz
CA
-
Nat: $89,656
$17,890
/yr
-
-$0
Claremont
CA
-
Nat: $89,656
-
/yr
-
-$0
Los Angeles
CA
-
Nat: $89,656
$32,740
/yr
-
-$0
Boulder
CO
-
Nat: $89,656
$25,346
/yr
-
-$0
Fort Collins
CO
-
Nat: $89,656
$21,279
/yr
-
-$0
Denver
CO
-
Nat: $89,656
$36,131
/yr
-
-$0
Storrs
CT
-
Nat: $89,656
$25,097
/yr
-
-$0
Middletown
CT
-
Nat: $89,656
$30,177
/yr
-
-$0
New Haven
CT
-
Nat: $89,656
$23,777
/yr
-
-$0
Newark
DE
-
Nat: $89,656
$17,799
/yr
-
-$0
Washington
DC
-
Nat: $89,656
$36,586
/yr
-
-$0
Washington
DC
-
Nat: $89,656
$50,539
/yr
-
-$0
Boca Raton
FL
-
Nat: $89,656
$8,752
/yr
-
-$0
Tallahassee
FL
-
Nat: $89,656
$11,297
/yr
-
-$0
Gainesville
FL
-
Nat: $89,656
$6,541
/yr
-
-$0
Coral Gables
FL
-
Nat: $89,656
$37,244
/yr
-
-$0
Tampa
FL
-
Nat: $89,656
$9,812
/yr
-
-$0
Atlanta
GA
-
Nat: $89,656
$22,585
/yr
-
-$0
Atlanta
GA
-
Nat: $89,656
$12,116
/yr
-
-$0
Athens
GA
-
Nat: $89,656
$13,936
/yr
-
-$0
Honolulu
HI
-
Nat: $89,656
$15,664
/yr
-
-$0
Chicago
IL
-
Nat: $89,656
$14,860
/yr
-
-$0
Chicago
IL
-
Nat: $89,656
$10,974
/yr
-
-$0
Champaign
IL
-
Nat: $89,656
$14,355
/yr
-
-$0
Dekalb
IL
-
Nat: $89,656
$13,391
/yr
-
-$0
Evanston
IL
-
Nat: $89,656
$29,167
/yr
-
-$0
Indianapolis
IN
-
Nat: $89,656
$11,668
/yr
-
-$0
Bloomington
IN
-
Nat: $89,656
$16,264
/yr
-
-$0
Notre Dame
IN
-
Nat: $89,656
$26,780
/yr
-
-$0
Ames
IA
-
Nat: $89,656
$18,589
/yr
-
-$0
Iowa City
IA
-
Nat: $89,656
$22,531
/yr
-
-$0
Lawrence
KS
-
Nat: $89,656
$18,059
/yr
-
-$0
Manhattan
KS
-
Nat: $89,656
$19,406
/yr
-
-$0
Wichita
KS
-
Nat: $89,656
$13,194
/yr
-
-$0
Baton Rouge
LA
-
Nat: $89,656
$19,151
/yr
-
-$0
Lafayette
LA
-
Nat: $89,656
$13,530
/yr
-
-$0
New Orleans
LA
-
Nat: $89,656
$39,949
/yr
-
-$0
Baltimore
MD
-
Nat: $89,656
$18,809
/yr
-
-$0
College Park
MD
-
Nat: $89,656
$15,678
/yr
-
-$0
Chestnut Hill
MA
-
Nat: $89,656
$41,704
/yr
-
-$0
Waltham
MA
-
Nat: $89,656
$35,736
/yr
-
-$0
Cambridge
MA
-
Nat: $89,656
$19,066
/yr
-
-$0
Amherst
MA
-
Nat: $89,656
$22,383
/yr
-
-$0
Cambridge
MA
-
Nat: $89,656
$20,111
/yr
-
-$0
Medford
MA
-
Nat: $89,656
$39,998
/yr
-
-$0
Worcester
MA
-
Nat: $89,656
$43,071
/yr
-
-$0
Mount Pleasant
MI
-
Nat: $89,656
$17,597
/yr
-
-$0
Ann Arbor
MI
-
Nat: $89,656
$13,138
/yr
-
-$0
East Lansing
MI
-
Nat: $89,656
$19,680
/yr
-
-$0
Houghton
MI
-
Nat: $89,656
$14,182
/yr
-
-$0
Detroit
MI
-
Nat: $89,656
$12,766
/yr
-
-$0
Kalamazoo
MI
-
Nat: $89,656
$15,273
/yr
-
-$0
Minneapolis
MN
-
Nat: $89,656
$16,778
/yr
-
-$0
Columbia
MO
-
Nat: $89,656
$20,268
/yr
-
-$0
Rolla
MO
-
Nat: $89,656
$16,298
/yr
-
-$0
Saint Louis
MO
-
Nat: $89,656
$24,398
/yr
-
-$0
Bozeman
MT
-
Nat: $89,656
$22,499
/yr
-
-$0
Las Vegas
NV
-
Nat: $89,656
$10,359
/yr
-
-$0
Durham
NH
-
Nat: $89,656
$23,805
/yr
-
-$0
Newark
NJ
-
Nat: $89,656
$16,504
/yr
-
-$0
Princeton
NJ
-
Nat: $89,656
$6,128
/yr
-
-$0
New Brunswick
NJ
-
Nat: $89,656
$24,406
/yr
-
-$0
Hoboken
NJ
-
Nat: $89,656
$41,346
/yr
-
-$0
Las Cruces
NM
-
Nat: $89,656
$8,889
/yr
-
-$0
Potsdam
NY
-
Nat: $89,656
$30,305
/yr
-
-$0
New York
NY
-
Nat: $89,656
$21,590
/yr
-
-$0
Ithaca
NY
-
Nat: $89,656
$28,690
/yr
-
-$0
CUNY Graduate School and University Center
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
New York
NY
-
Nat: $89,656
-
/yr
-
-$0
Troy
NY
-
Nat: $89,656
$36,228
/yr
-
-$0
Rochester
NY
-
Nat: $89,656
$29,278
/yr
-
-$0
Albany
NY
-
Nat: $89,656
$17,167
/yr
-
-$0
Buffalo
NY
-
Nat: $89,656
$20,995
/yr
-
-$0
Stony Brook
NY
-
Nat: $89,656
$18,784
/yr
-
-$0
Syracuse
NY
-
Nat: $89,656
$38,793
/yr
-
-$0
Durham
NC
-
Nat: $89,656
$29,612
/yr
-
-$0
Chapel Hill
NC
-
Nat: $89,656
$11,655
/yr
-
-$0
Greensboro
NC
-
Nat: $89,656
$10,965
/yr
-
-$0
Raleigh
NC
-
Nat: $89,656
$17,303
/yr
-
-$0
Fargo
ND
-
Nat: $89,656
$15,543
/yr
-
-$0
Bowling Green
OH
-
Nat: $89,656
$24,022
/yr
-
-$0
Cleveland
OH
-
Nat: $89,656
$41,190
/yr
-
-$0
Kent
OH
-
Nat: $89,656
$20,787
/yr
-
-$0
Columbus
OH
-
Nat: $89,656
$17,339
/yr
-
-$0
Athens
OH
-
Nat: $89,656
$21,637
/yr
-
-$0
Toledo
OH
-
Nat: $89,656
$17,249
/yr
-
-$0
Stillwater
OK
-
Nat: $89,656
$17,447
/yr
-
-$0
Norman
OK
-
Nat: $89,656
$15,300
/yr
-
-$0
Corvallis
OR
-
Nat: $89,656
$19,604
/yr
-
-$0
Eugene
OR
-
Nat: $89,656
$22,182
/yr
-
-$0
Portland State University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Portland
OR
-
Nat: $89,656
$9,552
/yr
-
-$0
Bryn Mawr
PA
-
Nat: $89,656
$31,759
/yr
-
-$0
Pittsburgh
PA
-
Nat: $89,656
$31,944
/yr
-
-$0
Philadelphia
PA
-
Nat: $89,656
$38,509
/yr
-
-$0
Bethlehem
PA
-
Nat: $89,656
$36,931
/yr
-
-$0
University Park
PA
-
Nat: $89,656
$32,875
/yr
-
-$0
Philadelphia
PA
-
Nat: $89,656
$28,699
/yr
-
-$0
Pittsburgh
PA
-
Nat: $89,656
$30,434
/yr
-
-$0
Philadelphia
PA
-
Nat: $89,656
$28,198
/yr
-
-$0
Providence
RI
-
Nat: $89,656
$25,184
/yr
-
-$0
Kingston
RI
-
Nat: $89,656
$21,440
/yr
-
-$0
Clemson
SC
-
Nat: $89,656
$22,253
/yr
-
-$0
Columbia
SC
-
Nat: $89,656
$22,811
/yr
-
-$0
Memphis
TN
-
Nat: $89,656
$12,397
/yr
-
-$0
Nashville
TN
-
Nat: $89,656
$15,846
/yr
-
-$0
Waco
TX
-
Nat: $89,656
$41,104
/yr
-
-$0
Houston
TX
-
Nat: $89,656
$14,276
/yr
-
-$0
Denton
TX
-
Nat: $89,656
$15,649
/yr
-
-$0
Houston
TX
-
Nat: $89,656
$13,370
/yr
-
-$0
College Station
TX
-
Nat: $89,656
$21,315
/yr
-
-$0
The University of Texas at Arlington
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Arlington
TX
-
Nat: $89,656
$13,951
/yr
-
-$0
Austin
TX
-
Nat: $89,656
$19,857
/yr
-
-$0
Richardson
TX
-
Nat: $89,656
$18,267
/yr
-
-$0
Fort Worth
TX
-
Nat: $89,656
$36,660
/yr
-
-$0
Lubbock
TX
-
Nat: $89,656
$19,070
/yr
-
-$0
Provo
UT
-
Nat: $89,656
$15,564
/yr
-
-$0
Logan
UT
-
Nat: $89,656
$14,936
/yr
-
-$0
Salt Lake City
UT
-
Nat: $89,656
$16,200
/yr
-
-$0
Fairfax
VA
-
Nat: $89,656
$17,915
/yr
-
-$0
Blacksburg
VA
-
Nat: $89,656
$24,953
/yr
-
-$0
Charlottesville
VA
-
Nat: $89,656
$21,565
/yr
-
-$0
Seattle
WA
-
Nat: $89,656
$14,091
/yr
-
-$0
Morgantown
WV
-
Nat: $89,656
$15,634
/yr
-
-$0
Madison
WI
-
Nat: $89,656
$17,354
/yr
-
-$0
Milwaukee
WI
-
Nat: $89,656
$15,014
/yr
-
-$0
Laramie
WY
-
Nat: $89,656
$13,599
/yr
-
-$0
Stanford
CA
-
Nat: $89,656
$13,807
/yr
-
-$0
West Lafayette
IN
-
Nat: $89,656
$14,600
/yr
-
-$0
Waterbury
CT
-
Nat: $89,656
$10,875
/yr
-
-$0
Groton
CT
-
Nat: $89,656
$13,807
/yr
-
-$0
Stamford
CT
-
Nat: $89,656
$16,798
/yr
-
-$0
Bend
OR
-
Nat: $89,656
$18,048
/yr
-
-$0
Hartford
CT
-
Nat: $89,656
$16,403
/yr
-
-$0
Lincoln
NE
$57,318
Nat: $89,656
2yr Post-Grad
$17,747
/yr
-
-$272k
Lexington
KY
$55,964
Nat: $89,656
2yr Post-Grad
$18,851
/yr
-
-$287k
Knoxville
TN
$49,683
Nat: $89,656
2yr Post-Grad
$18,976
/yr
-
-$340k
Analysis Notes:
  • Lifetime Value Added: Net Present Value (NPV) of estimated career earnings relative to a median bachelor's degree holder, accounting for this institution's average cost and taxes.
  • Avg Net Price: The average price paid by students who receive federal financial aid (grants/loans).Note: For graduate programs, the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition and net price.
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.